The number of live occupational schemes fell 6 per cent as at March 31, 2004 to 94,000 from 100,000 a year earlier, according to figures from OPRA. The number of money purchase schemes fell 6 per cent to 77,300 from 72,700 over the period.
Bradford & Bingley's decision to put its IFA businesses up for sale could lead to a management buyout at Charcol, according to general manager Ricky Okey. Speaking to Money Marketing, Okey said an MBO is definitely an option but stressed that there is no time limit on the sale as it is more important to […]
MPs will hold an adjournment debate on Thursday on housing market renewal. The debate has been called for by Labour MP David Wright and will be held in Westminster Hall ahead of Whitsun recess.
Equitable chairman Vanni Treves earned his corn at the stricken society's AGM last week, opening a gift from a policyholder at the University of the West Indies – a bottle of Jamaican rum. Treves spent a rum morning fielding questions from disgruntled retired colonels, no doubt wondering whether the ordeal was worth £125,000 a year. […]
The ABI is to conduct its first-ever mystery shopping exercise of IFAs, focusing on how commission affects the way in which long-term savings are sold. Consultancy Charles River Associates will be working with polling organisation NOP to conduct the research, which is part of a drive by the ABI to promote greater public confidence in […]
By Kunal Desai, Head of Indian Equities at Neptune Watch Kunal Desai, Manager of the Neptune India Fund, explain what he feels will be the driver of India’s shift from a story of relative outperformance to one of absolute returns. Click here to watch the video Important Information: Investment risks This fund may have […]
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Trump’s announcements of tariffs on steel and aluminium have led to a much greater focus on the risks posed by his presidency We have had a rollercoaster start to 2018. January saw a rapid rise in global equities before markets succumbed to a technically driven sell-off, recovered a little, and sold off again on the […]
Legal & General has appointed Mark Jones to the role of product director of UK protection, within its insurance division. Jones joins from Sun Life. He will be responsible for the developer of both retail and group protection products, and will report into the managing director for UK protection, Steve Griffiths. Griffiths says: “We are […]